Bitcoin price (BTCUSD) shows bullish bias to attempt to move away from the bullish channel’s support line, to reinforce the expectations of building bullish wave in the upcoming sessions, reminding you that our waited targets begin at 104900.00$ and extend to 108350.00$, while achieving them requires holding above 100320.00$.
The expected trading range for today is between 99000.00$ support and 105500.00$ resistance.
Trend forecast: Bullish
Brent oil price didn’t show any strong move since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 73.90$, reminding you that our first main target is located at 72.06$, and the targets extend to reach 70.85$ after breaking the previous level.
The expected trading range for today is between 71.50$ support and 74.50$ resistance.
Trend forecast: Bearish
Crude oil price fluctuates around the EMA50, and as long as the price is below 70.58$, the bearish trend scenario will remain valid for today, waiting to get negative motive that assist to push the price to achieve our next target at 68.65$, reminding you that breaking it will lead the price to visit 67.55$ direct.
The expected trading range for today is between 68.30$ support and 71.30$ resistance
Trend forecast: Bearish
Silver price settles below 29.63$ level, thus, no change to the expected bearish trend scenario for today, which its next main target located at 28.40$, reminding you that breaching 29.63$ and holding above it will stop the bearish wave and lead the price to turn to rise.
The expected trading range for today is between 28.80$ support and 29.80$ resistance.
Trend forecast: Bearish